2021-01-15T09:05:36-08:00 2020-08-31 LAUREN G BROOKS & ASSOCIATES PC 390 PARK ST STE 900 BEAUMONT TX 77701 990 2019-09-01 237298265 Lamar University Foundation Inc LAMA 4098802117 P O Box 11500 Beaumont TX 77710 Karen Nichols COO 4098802117 2021-01-14 true Lauren Brooks P00536551 4098327413 2019 2022-09-23 18:48:47Z Juan J Zabala P O Box 11500 Beaumont TX 77710 205167877 false X https://www.lamar.edu/advancement/foundation/index.html X 1972 TX The Foundation supports the development and promotion of Lamar University, its students, faculty and staff. 33 33 0 33 0 0 5511186 4326319 0 2967618 7963724 108834 376214 8587638 12666257 2029136 2068608 0 0 0 0 156412 3015318 4313735 5044454 6382343 3543184 6283914 95686394 106218449 1407722 795074 94278672 105423375 X The Lamar University Foundation supports and enhances Lamar University by encouraging the commitment of personal and financial resources to further the education of Lamar University students. The foundation promotes the stewardship of donors to enhance the quality of services provided by the university to student, faculty, alumni and friends. The Lamar University Foundation manages the investments, serves as trustee of the endowment funds and other private assets contributed for the benefit of Lamar University. false false 1917581 1917581 0 Scholarships provided to Lamar University students as specified by donor restrictions 2595023 6540 0 Support provided to Lamar University faculty as specified by donor restrictions 125992 25000 0 Other support provided to Lamar University students and student organizations as specified by donor restrictions. 952219 119487 0 Other support provide to Lamar University programs as specified by donor restrictions 952219 119487 0 5590815 true true false false false false false false false true true true false false true false true false false false false false false false false false false true true true false false false false false false false false true false false false false false false false false false true 16 0 true 0 false false false false false true true false false false false false false false X 33 33 false false false false false false false true true false false false true true true true true true true false X Juan J Zabala 4098802117 P O Box 11500 Beaumont TX 77710 Michael Burrow Trustee 1.00 X 0 0 0 Nicholas Carter Trustee 1.00 X 0 0 0 Sandra Clark Secretary 3.00 X X 0 0 0 Rena F Clark Trustee 1.00 X 0 0 0 Dr Barry Davis Trustee 1.00 X 0 0 0 Jerry Dearing Trustee 1.00 X 0 0 0 Joseph Domino Trustee 1.00 X 0 0 0 Vernon Durden Trustee 1.00 X 0 0 0 Phillip E Fuller Trustee 1.00 X 0 0 0 Tyrrell L Garth Committee Chair 3.00 X X 0 0 0 Dr Ann Die Hasselmo Trustee 1.00 X 0 0 0 Elaine Henry Vice Chairman of the Board 3.00 X X 0 0 0 Gisela Houseman Trustee 1.00 X 0 0 0 Mike Jenkins Trustee 1.00 X 0 0 0 Robert Jones Trustee 1.00 X 0 0 0 Carmen Jordan Trustee 1.00 X 0 0 0 Clayton Lau Trustee 1.00 X 0 0 0 Catherine J Long Trustee 1.00 X 0 0 0 Becky Mason Committee Chair 3.00 X X 0 0 0 Dr Sina Nejad Past President 3.00 X X 0 0 0 Larry Norwood Trustee 1.00 X 0 0 0 Pat Parsons Treasurer 3.00 X X 0 0 0 Ellen Reinstra Committee Chair 3.00 X X 0 0 0 Michael P Roebuck Sr Trustee 1.00 X 0 0 0 Lori Ryerkerk Trustee 1.00 X 0 0 0 Don Shaver Committee Chair 3.00 X X 0 0 0 J Mark Smith Chairman of the Board 6.00 X X 0 0 0 Michele Smith Committee Chair 3.00 X X 0 0 0 Henry Strait Trustee 1.00 X 0 0 0 J Michael Turner Trustee 1.00 X 0 0 0 Joseph Vernon Trustee 1.00 X 0 0 0 Joe Williams Trustee 1.00 X 0 0 0 Herman T Wilson Jr Trustee 1.00 X 0 0 0 Juan J Zabala Chief Executive Officer 6.00 X 0 159211 29908 Karen Nichols Chief Operating Officer 34.00 X 0 70005 7498 0 229216 37406 false true false 4326319 929659 4326319 1034274 0 1034274 203634 0 0 203634 199431070 0 192501620 0 6929450 0 6929450 0 0 6929450 Change in value of oil & gas override 900099 157855 0 0 157855 Increase in cash value of life insurance 900099 -3033 0 0 -3033 Miscellaneous 900099 17758 0 0 17758 172580 12666257 0 0 8339938 2068608 2068608 5724 0 5724 0 17825 0 17825 0 200878 0 200878 0 116225 102923 0 13302 7774 0 7534 240 66665 56749 4304 5612 28290 0 28290 0 103342 80285 195 22862 195726 74510 41625 79591 3071 0 3071 0 11368 0 11368 0 Personnel 2798342 2481040 298928 18374 Equipment & supplies 252972 246168 0 6804 General operational support 194083 193801 0 282 Research support 128471 128471 0 0 182979 158260 15374 9345 6382343 5590815 635116 156412 229401 410167 3140637 611486 598357 22242 161942 576115 85480175 97682403 5625459 5783791 1048780 1154487 95686394 106218449 1407722 795074 1407722 795074 X 3925250 3142585 90353422 102280790 94278672 105423375 95686394 106218449 6283914 4860789 X false true X true false X 0 3641608 5040803 4891630 6923348 4766032 25263421 0 0 3641608 5040803 4891630 6923348 4766032 25263421 2378775 22884646 1365092 1528302 1862831 2194232 1034274 7984731 0 0 33248152 0.68830 0.71210 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 93784514 5037588 12822322 6745472 1153150 103745802 88012715 7223479 3900142 4028442 1323380 93784514 81106970 5578810 8498090 5862451 1308704 88012715 73445918 4770286 6944065 2885738 1167561 81106970 70912332 3737597 3543944 3642567 1105388 73445918 0.01950 0.90140 0.07910 false false 566714 0 566714 0 0 0 0 0 0 0 0 0 31643 22242 9401 0 0 0 0 576115 Balbec InSolve Global Credit Fund III 1382568 F Blackstone Strategic Partners Offshore Real Estate Fd VI LP 1047982 F CCI-SSG Global Private Equity Fund III 54396 F Opengate Capital Partners II-A 566150 F Portfolio Advisors Credit Strategies Fund Offshore Ltd 2546883 F Venture Partners XIII 185812 F 5783791 Funds held under agency agreement 795074 795074 17326168 4860789 4860789 12465379 200878 200878 12666257 6181465 6181465 200878 200878 6382343 Pt V, Line 4 Earnings from the endowment funds support scholarships, faculty, and programs at Lamar University as specified by donor restrictions. true Lamar University P O Box 10009 Beaumont TX 77710 746000298 2543968 Faculty support Lamar University P O Box 10009 Beaumont TX 77710 746000298 142110 Facility & equipment Lamar University P O Box 10009 Beaumont TX 77710 746000298 108206 Students & Student organizations Lamar University P O Box 10009 Beaumont TX 77710 746000298 713086 Other 1 0 Scholarships 668 1917581 Pt I Line 2 Assistance is provided to Lamar University in accordance with restrictions and criteria established by various donors. All expenditures, including reimbursements to Lamar University, require supporting documentation and a statement from the requestor that the expenditure is in compliance with the donor restrictions prior to disbursement. Pt III, col (b) Scholarship recipients are selected by the University scholarship committee in accordance with criteria established by the donor. The Foundation monitors compliance with donor specified criteria by reveiwing the qualifications of a random sample of recipients each year. false false false false false false false false false Juan J Zabala 0 159211 0 0 0 0 0 15248 0 14670 0 189129 0 0 Pt I Line 3 Lamar University is a state-supported university that sets and compares its compensation levels to other universities of similar size and mission. X 10 636879 Market quotes X 1 258000 Appraisal X Computer equipment 1 34780 Manufacturer's Educational Pricing false true false Pt VI, Line 11b The Foundation's form 990 is reviewed and approved by the Audit Committee for filing then submitted to the Executive Committee and Board of Trustees for review and ratification. Pt VI, Line 12c All board members and staff members must read and sign the conflict of interest statement each year and disclose any conflicts. Board members and employees are also required to report conflicts throughout the year as they arise. Pt VI, Line 15a The Lamar University Foundation uses the Lamar University salary system. Lamar University is a state-supported university that sets and compares its compensation levels to other universities of similar size and mission. Pt VI, Line 15b The Lamar University Foundation uses the Lamar University salary system. Lamar University is a state-supported university that sets and compares its compensation levels to other universities of similar size and mission. Pt VI, Line 19 The Lamar University Foundation makes governing documents, conflict of interests policy, and financial statements available upon request after approval of the Executive Committee. Form 990, Part III, Line 4d Other support provide to Lamar University programs as 952219. 119487. 0.